KEY FINDINGS Progressing with a 16.93% CAGR, the Europe carbon nanotube market is expected to account for a rapid revenue growth duringf the forecast period of 2018-2026.
MARKET INSIGHTS Rise in production capacities and increased application of CNTs across multiple sectors are factors that are positively influencing the Europe carbon nanotube market growth. Also, European Commission's Directorate General for Research and Innovation is gathering data for evidence-based policy-making in areas of nanoscience and nanotechnologies. The France carbon nanotube market is expected to progress with the highest CAGR over the forecast period. Arkema is the largest producer of CNT in France. It is also one of the major producers of CNT in the world. They have state of the art research facility in France due to which their production capacities are increasing. The German market accounted for the highest revenue share in this region for the year 2017. The country has prepared an action plan document named “Action Plan Nanotechnology 2020”. According to this action plan, Germany is trying to exploit the new opportunity in the field of nanotechnology in Germany, without disregarding any potential risk to human and environment.
COMPETITIVE INSIGHTS Companies like Grafen Chemical Industries Limited, Arkema SA, Hyperion Catalysis International Inc, Showa Denko K.K, Nanoshel Llc, Cheap Tubes Inc, Klean Commodities, Future Carbon Gmbh, Nanocyl SA, Raymor Industries Inc, Cnano Technology Limited, Hanwha Nanotech Corporation and Arry International Group Limited are competing in this market.